653 S 4th Ave

Pocatello, ID 83201
  • $350,000

    Price
  • 8

    Bed
  • 3

    Bath
  • 4,337

    SqFt
  • 0.14

    Acre

About the Listing 3046 - 3046_9974

Investor opportunity with immediate income potential and significant upside. Located just minutes from ISU, public transportation, restaurants and entertainment, this commercially zoned property is currently operating as a short-term room rental and offers multiple paths for future income generation. The property features 7 bedrooms plus a dedicated office, making it well-positioned for student housing, workforce housing, co-living arrangements, or other investment strategies. The main & upper levels have been remodeled and are ready for occupancy, allowing investors to capitalize on existing rental potential while planning future improvements. A major value-add opportunity is found in the basement with potential to expand rentable square footage, increase occupancy, or create a separate income-producing living area. Situated on a corner lot with an enclosed porch, the property offers strong functionality and curb appeal. Commercial zoning provides additional flexibility and long-term potential beyond traditional residential use. Whether you're seeking a cash-flowing asset, student housing investment, house-hack opportunity, or a property with room to increase returns through improvements, this property delivers a compelling combination of location, scale, and upside potential.

Listing Highlights for 653 S 4th Ave

Status Pending
Days on Site 29
Property Type Multi-Family
MLS ® 2189608
Year Built 1940
Total Square Footage 4,337
Lot/Acreage 0.14
County Bannock
Elementary School Indian Hills
Middle School Irving Jr High
High School Century 25HS

Interior Details

  • Bedrooms: 8
  • Bathrooms: 3 Full
  • Appliances: Dishwasher, Refrigerator
  • Air Cond: Central Air
  • Heating: Natural Gas,Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2614
  • Below Ground Sq Ft: 1723
  • Basement: Daylight,Egress Windows,Exterior Entry,Full,Partially Finished,Walk-Out Access
  • Other: Newly Renovated
  • Water: Public

Exterior Details

  • Lot Description: Near Park,Near Public Transit,Near Schools,Near University/College,Established Lawn,Many Trees,Corner Lot,Level
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Zoning: General Zoning: Po Commercial G,Specific Zoning: Pocatello-Commercial General
  • Roof: Composition
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $3,812
  • Taxes w/Assessments: N/A
  • Tax/Property ID: RPPOC210100
  • Tax Year: 2025

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

653 S 4th Ave Pocatello, ID 83201

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: Snake River

Agent profile image in chat bubble
Agent profile image in chat header

Jenn Smart

| v3 pdp, v2 chat

Agent profile image in message

or another way